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Japanese Candlesticks Analysis 05.03.2015 (EUR/USD, USD/JPY)

Analysis for March 5th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend, which is indicated by Three Methods pattern, continues. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.



The H1 chart of EUR USD shows the downtrend. The lower Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirms a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the upper Window is a resistance level. Bullish Three Methods continuation pattern is providing support. Three Line Break chart and Heiken Ashi candlesticks shows an ascending movement.



 
RoboForex Analytical Department

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